Currently, International Business Company is the most popular type for offshore companies in Seychelles.
• Corporate Requirements
2. A secretary is not required for an IBC but highly recommended.
3. The Standard Authorized Share Capital is US$100,000, which is divided into 100,000 shares valuing US$1 each.
4. An IBC must have a local registered address, which qualifies as its official seat. Its operational documents (resolution, minutes of meetings, etc.) can be kept at the discretion of the directors. Only registers of shareholders and directors must be kept at the registered address.
5. A registered agent is also required for an IBC in Seychelles.
6. If an IBC has English and Chinese character name, both can be included in its Certificate of Incorporation.
The language of the IBC's legislation and corporate documents can be in either English or French. A different language can be used as long as there is a translation in either English or French provided.
• Annual Requirements
2. Annual accounts and financial statements are not required to be filed. Accounts are also not required to be audited. However, it is required for an IBC to maintain internal accounting records which reflect its financial position.
3. From the year after its incorporation, an IBC needs to file annual returns with the Registered Agent no later than 31 December.
- Low start-up and maintenance costs;
- Easy requirements: only one shareholder and one director (who can be the same individual or corporate) and any amount of capital;
- No reporting, no requirement to file accounts or annual returns;
- High confidentiality for IBC’s details;
- Completely tax-free.
|Company Incorporation Service Fee|
|All Government fees due on incorporation|
|Free Name Application|
|Local Registered Office Service||12 months||12 months|
|Local Registered Agent Service||12 months||12 months|
|Certificate of Incorporation|
|Register of Members & Share Ledger|
|Minutes Of First Subscribers Appointing First Directors|
|Register of Directors|
|Memorandum and Articles of Association|
|Assignment Of Subscribers´ Rights & Obligations|
|First Board Of Directors Minutes|
|Free Consultation via Phone and Email|
|Assistance on Opening of Company Bank Account|
|Company Statutory Record & Company Kit|
|Total fee||US$ 690||US$ 1,189|
|Setup Company||Setup Company|
Beside the company incorporation service, we also provide Offshore Bank Account Assistance of numerous banks in the world and Other Services necessary for any offshore company.
For any further questions, feel free to Contact Us for more details.